Welcome to BP Nation.

There are probably hundreds of how to books but nothing beats real life knowledge and live advice you can get right here.First option which is the best option in my opinion is to keep 100% of the ownership and equity, keep the investor in a lender position, secured with a note and deed of trust which pays investor set interest rate (I typically pay 10%-12%) and you keep all profits.Option 2 would be to give an equity share where lender gets paid interest plus has some % of the equity.

Plenty of threads on the topic so dig in and enjoy.Welcome to BP Nation!

Originally posted by Annette Sannuti:I'm trying to find out if there are companies who purchase residential notes, nationwide, at time of closing or shortly thereafter, and pay a high premium.Hi, I doubt you have time to get involved with note gurus, chain investors and bait tossed out to contact me on the side type stuff.....SOTry FCI, Notecity and if you search for "private loan servicing" you'll find loan servicers serving a national portfolio.

You can do so by using the land trust method I have laid out many times in the forums.

My first was trusting him in the first place.My questions... 1-do i have any recourse against his actions?

Tell us a little more about your background and interests Otherwise, thanks for joining and I hope to see more of you as you participate here on BP Nation.

Only having one LLC may not be enough, you may consider using Trusts, or any number of other scenarios.

TILA applies.NMLS (National Mortgage Licensing System) Originators must have this endorsement to originate loans that are both secured by a 1-4 family residence AND are consumer purpose loans.

Welcome to BP Nation David.